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    Continental Nickel Amends IMX Agreement

    Investing News Network
    Sep. 11, 2012 11:35AM PST
    Base Metals Investing
    ASX:IXR

    Continental Nickel Limited (TSXV:CNI) announced it has entered into a second amending agreement with IMX Resources Limited (ASX:IXR).

    Continental Nickel Limited (TSXV:CNI) announced it has entered into a second amending agreement with IMX Resources Limited (ASX:IXR).

    As quoted in the press release:

    The amendment was implemented as a result of certain proposed Canadian tax changes and means that the common shares of Continental will be acquired under the Arrangement by IMX directly rather than by a wholly-owned subsidiary of IMX. No other changes to the Arrangement were made and shareholders will receive the same consideration directly from IMX.

    Click here to read the Continental Nickel Limited (TSXV:CNI) press release.  

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